Thanks for viewing this Preferred Property below. If you have any questions or would like to schedule a viewing, please feel free to call our office at 780-701-2626 and ask for Anu Khullar or John Carter. Toll free is 1-877-417-2626 or email by clicking on the envelope logo on the left of the photos on the listing.
BUY WITH CONFIDENCE - operating at a 5.6 cap rate and almost a million dollars of renovations and upgrades completed in the last 3 years! 1916 building but with all the upgraes effective age is estimated to be only 20 years old. A strong mix of recently renovated units 10x 1 bedroom (rents from $900 - $1113 / month)and 13 x bachelor suites (Rents from $924 - $1040/ month). 14 parking stalls (some energized) on a newly gravelled lot. An extensive list of capital improvements is available. Registered with the crime-free multi-housing program. Has had asbestos remediated, newer boiler and 2 of 4 hot water tanks new. There is nothing left to do with this property other than managing the units. If you are looking for turn-key you have found it - most units have a gas stove. All units come with a stove, fridge and most have a microwave, Coin-o-Matic laundry on site. This is truly an investor's dream building!
This property is listed by RE/MAX Excellence and provided here courtesy of
Anu Khullar.
For more information or to schedule a viewing please contact Anu Khullar.